Question: Explain what is environmental analysis and why it is important to organizations and the strategic management process.(10marks)

Explain what is environmental analysis and why it is important to organizations and the strategic management process.(10marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

QUESTION 1 Describe the evolution of strategic management in the western business society. [10 marks] QUESTION 2 Briefly describe the basic components of strategic management process. [10 marks]...

Q:

Need at least three hundred word summaries of interesting connections to the outside world/economy/market of chapters 1 and 2 from the textbook Crafting and Executing Strategy: Concepts By Thompson,...

Q:

Can you provide the class some examples of pitfalls that could occur if this foundation isn't built? Steps in the Strategic Management Process: The strategic management process is a dynamic and...

Q:

When you reply to two classmates' posts, respectfully agree/disagree to the post, and explain why, while offering an opinion with an example to support it with citations and references. classmate 1:...

Q:

Helpful Strategic Management Audit Information Resources The following links can assist you obtain information for your Company Audit Global Edge MSU http://globaledge.msu.edu/ibrd/ibrd.asp...

Q:

please answer all that you can, thank you. 1. Briefly describe what is meant by the industrial market structure (IMS). Why is an understanding of the IMS so important for companies in their strategic...

Q:

1. Strategic human resources management (SHRM)is a combination of strategic planning and HR planning. a. True b. False 2. Sage is looking at the company's practices and performance in a specific area...

Q:

1. Which one of these we could say are secondary sources of data A. Governments. They have the greatest variety of data available B. International organizations such as the United Nations C. Service...

Q:

Shana Corp. was a small, new software company. Some of its product development efforts, combined with a few technologically related contracts, had allowed the firm, over several years, to develop a...

Q:

Shana Corp. was a small, new software company. Some of its product development efforts, combined with a few technologically related contracts, had allowed the firm, over several years, to develop a...

Q:

Change the language to improve the following sentences to ensure unbiased references to race, gender, culture, age, or disability. 1) Jack is confined to a wheelchair. 2) A company owned by a...

Q:

Dirk is considering purchasing a 6-year bond that is selling for $1,150. What is the YTM for this bond if it has a 9% coupon, paid semi-annually? A. 5.95%. B. 5.99%. C. 5.91%. D. 5.87%.

Q:

Determine the componets of an information system and analyze how they fuction together to support Ahid's strategic goals

Q:

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...